Socio-economic aspects and implementation of hydrogen

In the world of energy transition, technology availability is no longer the only determining factor. We also need to focus on the socio-economic aspects to make it happen. That’s where this consortia comes in. They provide valuable advice and conduct extensive research to ensure a successful implementation of hydrogen systems. Curious to know more? Check out this informative movie.

An important question is how the role of hydrogen in the energy system might evolve, given policy, technology, economies of scale, consumer and investment behavior. And how it will relate to other sustainability options and competition and cooperation with other countries. To gain more insight into this, socio-technical system models can be developed to analyze the role of hydrogen in light of the other energy system and economic activities. This includes, for example, cost developments, displacement effects, regulation and market design, and life cycle analysis.

All parts of the hydrogen value chain – production, transportation, storage, conversion and application – can only get off the ground successfully if a number of conditions are met. First, there must be an adequate business case that fits into an appropriate energy sector market design. If not, there must be sufficient other incentives for investors to bet on hydrogen. Second, laws and regulations must provide clear legal frameworks for further market development. Third, there must be sufficient public support so that no objections are raised from society against hydrogen development. It is therefore important to analyze these intersecting aspects in all parts of the value chain in advance and to ensure public support for technological development.

When the package starts and is opened, you will find more information on the NWO website.